Tax evasionThe Hill RSS feedhttp://thehill.com/
Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc.&#039;McMafia&#039; isn&#039;t fiction — corruption is a global problemhttp://thehill.com/opinion/finance/376555-mcmafia-isnt-fiction-corruption-is-a-global-problem
This week, AMC launched the gripping new crime drama, “McMafia”. The show tells the shocking story of modern day organized crime, corruption and money laundering that spans the globe — from the UK to Russia, Mexico and everywhere in between. While...krupp@thehill.com (Mark Hays, opinion contributor)376555 at http://thehill.comSat, 03 Mar 2018 10:00:07 -0500Tax evasionDestructive &#039;fat cat&#039; tax law a complete flop. It&#039;s time to repeal it. http://thehill.com/blogs/pundits-blog/economy-budget/330603-destructive-fat-cat-tax-law-a-complete-flop-its-time-to
On Wednesday, the House Subcommittee on Government Operations of the Committee on Oversight and Government Reform will hold a hearing on the unintended consequences of the Foreign Account Tax Compliance Act, or FATCA. Featuring witnesses...tweatherhead@thehill.com (James George Jatras, opinion contributor )330603 at http://thehill.comWed, 26 Apr 2017 09:40:02 -0400Tax evasionIceland PM resigns after Panama Papers leakhttp://thehill.com/policy/finance/275198-iceland-pm-resigns-after-panama-papers-claim
Iceland’s prime minister has reportedly resigned following accusations in the "Panama Papers" that he attempted to hide millions of dollars in an offshore company.The BBC reported Tuesday that Sigmundur Gunnlaugsson plans to step down from his...pschroeder@thehill.com (Peter Schroeder)275198 at http://thehill.comTue, 05 Apr 2016 12:11:55 -0400Tax evasionWyden: IRS budget cuts are &#039;kickbacks to crime syndicates&#039;http://thehill.com/policy/finance/252537-wyden-irs-budget-cuts-are-kickbacks-to-crime-syndicates
A top Senate Democrat is blasting proposed cuts to the IRS’s budget, saying the move is a boon to tax cheats and hackers.Sen. Ron Wyden (Ore.), the ranking member on the Finance Committee, said in a letter Wednesday that past and pending budget cuts...pschroeder@thehill.com (Peter Schroeder)252537 at http://thehill.comWed, 02 Sep 2015 12:47:14 -0400Tax evasionRecord number of Americans abroad giving up citizenshiphttp://thehill.com/policy/finance/241366-record-number-of-american-expats-renouncing-citizenship
A record 1,335 Americans living overseas renounced their citizenship in the first three months of 2015, according to the Internal Revenue Service.That number is 18 percent higher than the previous record, according to Bloomberg. In all of 2014, 3,...pschroeder@thehill.com (Peter Schroeder)241366 at http://thehill.comThu, 07 May 2015 15:23:00 -0400Tax evasion IRS working now to stop fraud in the 2015 filing season http://thehill.com/regulation/236355-irs-working-now-to-stop-fraud-in-the-2015-filing-season
Any new security systems to hinder tax identity theft and refund fraud next filing season have to be designed, developed and tested by this summer, the head of the Internal Revenue Service said Thursday.“We have a very effective system, but it’s...lwheeler@thehill.com (Lydia Wheeler)236355 at http://thehill.comThu, 19 Mar 2015 17:21:46 -0400Tax evasion&#039;IRS should notify victims of tax identity theft,&#039; Sen. Warner sayshttp://thehill.com/regulation/235489-irs-should-notify-victims-of-tax-identity-theft-sen-warner-says
Sen. Mark Warner (D-Va.) said the IRS should inform taxpayers when they have become victims of tax identity theft.“If we’re looking at $5.8 billion in fraudulent refunds [in 2013], making sure the IRS informs people when they’ve been the victims of...lwheeler@thehill.com (Lydia Wheeler)235489 at http://thehill.comThu, 12 Mar 2015 11:31:08 -0400Tax evasionSenate Finance chair said tax fraud &#039;must stop&#039;http://thehill.com/regulation/235477-senate-chair-said-tax-fraud-must-stop
Senate Finance Committee Chairman Orrin Hatch (R-Utah) said taxpayers must be better protected from tax fraud.During a committee hearing Thursday, Timothy Camus, deputy inspector general for investigations at the Treasury Inspector General for Tax...lwheeler@thehill.com (Lydia Wheeler)235477 at http://thehill.comThu, 12 Mar 2015 10:47:05 -0400Tax evasionSen. Nelson calls for crackdown on tax ID thieves http://thehill.com/regulation/235119-nelson-calls-for-crackdown-on-tax-id-thieves
Sen. Bill Nelson (D-Fla.) wants Congress to crackdown on criminals who commit tax fraud. On Monday he unveiled a new version of the Identity Theft and Tax Fraud Prevention Act of 2015, which would increase the maximum penalty for tax-related...lwheeler@thehill.com (Lydia Wheeler)235119 at http://thehill.comMon, 09 Mar 2015 18:18:34 -0400Tax evasionPaul blocks vote on tax treatyhttp://thehill.com/blogs/floor-action/senate/208244-paul-blocks-vote-on-tax-treaty
Sen. Rand Paul (R-Ky.) stopped Sen. Bob Menendez (D-N.J.) from setting up a vote on a tax treaty with Chile.Menendez said the treaty would promote trade and investments between the United States and Chile, as well as allow both nations’ tax...ramsey.cox@thehill.com (Ramsey Cox)208244 at http://thehill.comWed, 04 Jun 2014 12:47:28 -0400Tax evasionTreasury blacklists 12 Russians under Magnitsky Acthttp://thehill.com/policy/finance/206696-12-russians-sanctioned-under-magnitsky-act
The Treasury Department blacklisted 12 Russians on Tuesday for their roles in the detention and the death of lawyer Sergei Magnitsky nearly five years ago.The dozen individuals sanctioned by the U.S. government will have all property and personal...vneedham@thehill.com (Vicki Needham)206696 at http://thehill.comTue, 20 May 2014 18:10:15 -0400Tax evasionCredit Suisse pleads guilty to tax evasionhttp://thehill.com/policy/finance/206575-credit-suisse-to-plead-guilty-to-tax-evasion
Credit Suisse, the Swiss banking power, has agreed to pay roughly $2.6 billion in penalties after agreeing to a plea deal with the federal government and admitting it helped U.S. citizens dodge taxes.Under the deal, Credit Suisse pleaded guilty to...dweaver@thehill.com (Bernie Becker)206575 at http://thehill.comMon, 19 May 2014 18:52:13 -0400Tax evasionFix the $140 billion problem of improper tax paymentshttp://thehill.com/opinion/op-ed/201872-fix-the-140-billion-problem-of-improper-tax-payments
In just about three weeks, most people’s tax returns are due. For these individuals and families, the tax code is not an abstract policy — the payment they make or refund they receive is often their largest financial transaction of the year. It has... (William Cobb)201872 at http://thehill.comWed, 26 Mar 2014 18:47:05 -0400Tax evasionSenators to DOJ: At least try to extradite tax cheatshttp://thehill.com/policy/finance/201096-senators-to-doj-at-least-try-to-extradite-tax-cheats
A pair of Senate investigators are pressing the Justice Department to at least try and extradite Swiss bankers charged with helping Americans evade taxes.Sens. Carl Levin (D-Mich.) and John McCain (R-Ariz.) said it was time to push the Swiss...pschroeder@thehill.com (Peter Schroeder)201096 at http://thehill.comTue, 18 Mar 2014 15:43:43 -0400Tax evasionBank blames rogue desk for tax cheatshttp://thehill.com/policy/finance/199289-swiss-bank-ceo-defends-against-tax-cheat-claims
Executives from Credit Suisse on Wednesday acknowledged to Senate investigators that their employees had helped Americans evade taxes but said the misconduct was limited to a small group acting alone.Representatives from the Swiss bank offered words...pschroeder@thehill.com (Peter Schroeder)199289 at http://thehill.comWed, 26 Feb 2014 09:34:05 -0500Tax evasionSwiss bankers called to testify on tax evasionhttp://thehill.com/policy/finance/199039-swiss-bankers-called-to-testify-on-offshore-tax
Sen. Carl Levin (D-Mich.) has called in a group of Swiss bankers as part of his long-running investigations into offshore tax evasion.The Senate’s Permanent Subcommittee on Investigations, led by Levin, announced Monday that several top executives...pschroeder@thehill.com (Peter Schroeder)199039 at http://thehill.comMon, 24 Feb 2014 11:27:37 -0500Tax evasion